Universal Display (OLED)
Debt-to-assets ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 1,832,330 | 1,810,880 | 1,776,560 | 1,683,720 | 1,668,960 | 1,622,920 | 1,540,860 | 1,535,710 | 1,532,820 | 1,530,320 | 1,499,440 | 1,487,230 | 1,466,920 | 1,428,590 | 1,350,720 | 1,310,500 | 1,269,230 | 1,224,960 | 1,161,060 | 1,136,380 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $1,832,330K
= 0.00
The debt-to-assets ratio for Universal Display has consistently remained at 0.00 across all reported periods from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt to finance its assets during this time frame. A debt-to-assets ratio of 0.00 suggests that the company's assets are entirely financed by equity, which can be considered a positive sign as it indicates lower financial risk and potential for financial stability. It also implies that the company may have a strong financial position and liquidity, as it does not have significant debt obligations weighing on its asset base.
Peer comparison
Dec 31, 2024